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Cerberus ( /ˈsɜrbərəs/),[1] or Kerberos, (Greek form: ÊÝñâåñïò, [ˈkerberos])[2] in Greek and Roman mythology, is a multi-headed hound (usually three-headed)[1][3][4] which guards the gates of the Underworld, to prevent those who have crossed the river Styx from ever escaping.

The WSJ reports tonight that Cerberus is preparing an initial public offering for Freedom Group, a little known company that it started in 2006 and has grown into a big player in the rifle industry.

The deal, of course, will prove to be a headline writer’s dream: (Cerberus Guns for IPO; Cerberus Aims to Take Freedom Group Public). It could also prove to be a profit machine for the private equity firm, as it cashes in on the growing market for guns and ammunition.

Here are some nuggets about Freedom Group:

Largest unit: Remington Arms Company. In April 2007, Cerberus bought the nearly 200 year-old rifle manufacturer for $118 million and assumed $252 million in debt. Remington sells guns and ammo for hunters, police and the military, including classic shotguns and state-of-the art sniper weapon systems. Remington was bought by the Dupont Corp. during the Great Depression and later by Clayton, Dubilier & Rice, a private equity firm, which sold the company to Cerberus.

Cerberus Fan: “One positive aspect to Cerberus’ involvement in the gun industry is that the huge political clout Cerberus commands as the “rescuer” of Chrysler Corp. (which Cerberus also acquired) should undermine efforts to ban AR-platform rifles,’’ wrote the Accurate Shooter.com in December 2007. “Cerberus is big enough to make waves in Washington. Money talks in politics and Cerberus has lots of it.”

Cerberus Critic: “Understandably, Cerberus is trying to brand their firearms companies under a new name: Freedom Group, Inc. I’m sure they’ve probably conducted a poll that finds gun owners are not the types who are thrilled with a private group taking $4 billion in tax dollars to bailout one of the worst investments: Chrysler. This would be the same firm that decided to take out full page ads in USA Today, The Wall Street Journal and the Atlanta Journal-Constitution to the tune of $400K+ thanking taxpayers for giving up their hard earned dough to continue supporting a dying company….. I’m saying it in the interest of full disclosure since I have a history of calling out PR campaigns for what they are,’’ wrote ‘Bitter’ on the blog “Bitchin’ in the Kitchen” in Feb. 2009

Cerberus’s Gun Guy: George Kollitides, a Cerberus managing director, is helping oversee Freedom Group. He has twice run unsuccessfully for an NRA board seat. His campaign platform says he’s a “true sporting sportsman” who has “lobbied for the Second Amendment politically, in the field and on the range.”(YEAH, RIGHT! THEN TELL US, GEORGE, WHY YOU ARE BUYING UP GUNS AND AMMO?) In endorsing his 2009 candidacy, Guns & Ammo magazine said Kollitides “is a person who is engaged in the shooting sports industry on a daily basis and lives in our world of hunting and shooting.”

Lethal Weapon: Remington makes the R-15, a semi-automiatic rifle in the AR-15 family of guns. Remington markets the R-15 to the “modern predator aficionado.”

Another Freedom Group Holding: Advance Armament Corp. which makes silencers for hand guns and submachine guns and has a skull for a company logo.

SIDE NOTE: Is the Trayvon Martin incident (as well as others) being used to once again create racial tensions or riots? Well, I heard a black man on a radio show say that is indeed what is happening. The fools and traitors in DC need riots and strife to declare an EMERGENCY and then justify disarming the public, which has been their goal for some time!

BLACKS AND WHITES ALIKE SHOULD NOT FALL FOR THIS. YOU ARE BEING MANIPULATED! STOP BEING IDIOTS! THE ELITE ARE ATTACKING US ALL NOW, AND UNLESS YOU FIGURE THAT OUT AND START SUPPORTING EACH OTHER, THESE ELITE BASTARDS WILL WIN AND TOTALLY DISARM THIS NATION AND TOTALLY DESTROY OUR RIGHTS! ONCE THEY TAKE OUR GUN RIGHTS AND PROPERTY IT'S OVER!